|19 May, 2020

Tuesday Outlook: Asian shares, oil rally on vaccine hopes

Risk sentiment improves in FX, stocks, commodities

An Indonesian broker gestures near his monitor at Bank Mandiri Sekuritas trading floor in Jakarta August 8, 2011. Stocks in Indonesia and Singapore fell around 5 percent on Monday and other Southeast Asian markets lost 2-3 percent because of concern about the global economic outlook after Standard & Poor's downgraded the credit rating of the United States. REUTERS/Beawiharta

An Indonesian broker gestures near his monitor at Bank Mandiri Sekuritas trading floor in Jakarta August 8, 2011. Stocks in Indonesia and Singapore fell around 5 percent on Monday and other Southeast Asian markets lost 2-3 percent because of concern about the global economic outlook after Standard & Poor's downgraded the credit rating of the United States. REUTERS/Beawiharta

Reuters/Beawiharta

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies

Asia shares, oil rally on vaccine hopes, euro at 2-week highs
Oil jumps to highest in over 2 months

Dollar shunned as vaccine hopes lift risk appetite
Risk sentiment improves in FX, stocks, commodities

Gold rises slightly on U.S.-China tensions, gloomy economic outlook
Spot gold was up 0.2% at $1,735.04 per ounce by 0042 GMT

Oil prices lifted for 4th day by signs of output cuts and demand pick-up
No sign of WTI plunge seen at previous month's expiry


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